The best cryptocurrency books allow you to get real insight into the world of cryptocurrency trading

Cryptocurrencies have taken the world by storm over the past years. With their values skyrocketing and then dipping. Despite this volatility, there is still a tremendous amount of interest in cryptocurrencies and the technology behind them, blockchain. Books on cryptocurrencies are a great help to understand the future importance of cryptocurrency.

Why 2024 Will Be An Interesting Year For Cryptocurrencies?

A lot of things happened in the last years. 2023 wasn't a year for crypto profits, till 2023

The most important and awaited events:

• Announcement of Bitcoin Spot ETF  – Jan. 8-10 – Blackrock and other big players applied for a BTC Spot ETF product
• First purchases of Bitcoin ETF products – Jan 22-29 – High profile companies will start to invest in Bitcoin Spot ETF products
• Bitcoin Halving  – Apr. 23 – Bitcoin halving – 4th Bitcoin halving date. Bitcoin block reward will sink from 6.25 BTC to 3.25 BTC for miners. This day may indicate the next long term bull run for Bitcoin

How To Jump To The Bandwagon?

• In the US register a Binance or Coinbase account to purchase crypto.
• In the EU register a Revolut or Uphold

Timing is everything, track the Bitcoin price and avoid purchasing crypto when the price if high, purchase on the dips! We use Coinmarketcap for tracking crypo assets.

What Cryptocurrencies we suggest?

• Primary: Bitcoin
• Secondary: Solana

Essential Cryptocurrency Topics

If you want to learn about cryptocurrency related information, check the following topics:

• Bitcoin BTC (the most known cryptocurrency invented by Satoshi Nakamoto in 2009),
• Altcoins (there are several alternative coins the most widely known and use one is Ethereum ETH),
• Blockchain (the technology behind the cryptocurrencies),
• NFTs (non physical representation of an art, item, picture or any other intellectual property, that exists on a blockchain like on Ethereum)
• Smart Contracts (automations on the blockchain, these algorithms perform automatic executions when certain conditions are meet)
• DeFi (Decentralized Finance means the collection of peer to peer financial services performed on a blockchain),
• Play to Earn Games (games that offer cryptocurrency or NFT rewards, which are tradable out of the game's close ecosystem)
• Web 3 (the collective name of web technologies and apps connected to decentralization of web)
• Why crypto market dipping?

Cryptocurrencies and tokens are now important trading assets in major trading platforms.

I looked up several crypto books and resources connected to the above topics, but truth to be told, not everyone of them was outstanding or well written. In this list article I want to introduce only the Amazon's top crypto books in order, that meet the quality standards of the professionals and experts. (Use the below links to quickly navigate to the desired section)

• General Crypto Books
• Crypto Books For Beginning Traders
• Crypto Books For Daily Traders
• Crypto Books on NFTs

What Are The Top Books on Cryptocurrencies?

Catching Up to Crypto, by Ben Armstrong (2023)

Catching Up to Crypto is a detailed guide about Bitcoin and digital currencies, explaining how they are shaping the future of money. Armstrong, a known expert in crypto, breaks down what Bitcoin is, how it works, and its role in the shift to a digital economy. The book points out the shortcomings of traditional fiat currency and the advantages of digital assets.

Readers will learn about the real-world functioning of Bitcoin, the blockchain technology behind it, and concepts like decentralization and cryptographic consensus. The story of Bitcoin's humble beginnings, near extinction, and rise to global prominence is also covered.

Armstrong shows how Bitcoin and other cryptocurrencies are changing financial policies. The book is a helpful introduction to crypto for investors, enthusiasts, and those new to the field.

Proof of Stake: The Making of Ethereum and the Philosophy of Blockchains, by Vitalik Buterin (2022)

Yes, you are reading right. This upcoming book (September 2022) is written by the inventor of the Ethereum blockchain. In many sense Vitalik Buterin is a genius, he realized the opportunity in the decentralized world before anyone could even understand how Bitcoin really works.

In this book we will get insight how the author first meet with cryptocurrencies. At the time when I'm writing this article Ethereum is valued about half a trillion dollars, which is higher than the valuation of VISA.

Buterin's words gathered during the development and the rise of Ethereum show the real talent of the founder. Buterin, unlike other ICO founders around him, was searching constantly for the new potentials of the technology. From a certain point of view he make possible the rise of DAOs, NFTs and DeFi.

Buterin's book will be most likely the biggest hit among crypto books in 2022.

Life After Google, by George Gilder (2022)

The book is either part manifesto, part historical summary, part criticism, part anticipation of blockchain technology and artificial intelligence. Gilder's first hundred pages situates the history of the idea of computing and artificial intelligence alone worth the cost of the tome.

The author claims blockchain technology fixes the flaws in a digital network. The author argues that this whole decentralized technology was not built to deal with financial transactions securely but to emphasize the rise of true democracy.

This crypto book with thought-provoking parts is surprisingly readable, written by a professional and experienced writer.

The Cryptopians: Idealism, Greed, Lies, and the Making of the First Big Cryptocurrency Craze, by Laura Shin (2022)

A critical work committed to Ethereum is featured in this book, with all of its grit and drama lais behind it.

In a Forbes article the author describes the case of 2016 DAO scandal, which resulted a possible lost of $11 Billion in Ether. The story involves a hacker and the CEO of TenX who managed to exploit the weakness of smart contracts and ultimately had a great effect on the ETH network, including the so called “Hard Fork” and the establishment of Ethereum Classic (ETC).

This book uncovers the weakness and the early days of Ethereum investment. It's a great insight how Ethereum achieved prominence and how altcoins expected going forward.

The 7th Property, by Eric Yakes (2021)

The books and literature I have read on BTC are either too basic or too technical. The 7th Property attempts to explain the topics in a language that are in depth but not necessary using jargon.

The book explains the objective of Bitcoin as an investment. You will find a short history of money, current financial systems, and an introduction into Bitcoin and how it works. The author analyzes Bitcoin's prospects, including how it is being developed over time, and the most common objections against it.

I recommend this crypto book to anyone interested in bitcoin as general.

Layered Money, by Nik Bhatia (2021)

In this deep dive into the history of monetary systems, Nik Bhatia takes us as well as to the origins of how money has evolved to function in a layered way. Bhatia applies his analogy to gold, he offers a similar paradigm for the growth of digital currencies.

Currency enthusiasts will come away with a comprehensive understanding of the historical foundation of our economic system. Why modern money is rigidly entrenched despite its infamy. How different CBDCs (Central Bank Digital Currencies) and cryptocurrencies will interact within our collective monetary future.

One of the best crypto books about history of money.

The Future of Money: How the Digital Revolution Is Transforming Currencies and Finance, by Eswar S. Prasad (2021)

This crypto book gives an overview of how financial change in the era of cash has led to the rise of cryptocurrencies. The world of finance is in the midst of a significant changes that will influence companies and the entire financial world. The transformation of money will fundamentally change how practically everyone lives.

As the author explains in this crypto book, the revolution in modern technology is seeking to redefine the very concept of money with cryptocurrencies. Unbundling its functions as an independent unit of account, medium of exchange, and store of value. The outcome could be a greater efficiency and flexibility to the market needs of different consumers and greater market access for people who don't have any bank accounts at all.

The Future of Money was praised as one of the best crypto books on Amazon.

CryptoDad: The Fight for the Future of Money, by J. Christopher Giancarlo (2021)

Giancarlo's life story is marked by his experiences as a Wall Street trader. In order to explore the workings of the trading markets, he advocated for the CFTC to recognize their digitization.

Giancarlo has received significant public attention especially on Twitter, where he introduced his ideas about the continuously growing opportunities in the crypto world. What he basically did in the past to analyse the technical details of the market and make relevant assumptions.

In the books you will find comprehensive analysis of social change and its impact on lives in the global marketplace. How regulators are rethinking the way the legal system responds to technological development. How a traditional financial organizations need an overhaul, revitalizing our belief in free market innovations.

What Are The Top Crypto Books For Beginners?

Cryptocurrencies and Blockchain 101, by Goffredo Righi Schwammer (2022)

It's vital that we gain the greatest possible insight into the full scope of the most recent financial revolution, as it's happening now.

Cryptocurrencies exploded in popularity in 2017, with the total value of all cryptocurrencies reaching nearly $830 billion by the end of the year. The increase in price was due, in part, to the explosive growth of initial coin offerings (ICOs), where startups issue their own cryptocurrencies in order to raise money.

Cryptocurrencies and Blockchain 101 offers insight into the most important historical events of crypto along with the most recent topics like NFTs and Metaverse connected to blockchain technologies.

Cryptocurrency Investing For Dummies, by Kiana Danial (2019)

Cryptocurrency Investing for Dummies gives strategic advice on the best way to trade and make a profit in the leading 200 digital currencies no matter what the current market feels. You will discover how to evaluate the new crypto-financial landscape. The best way to assess the right cryptocurrency for various circumstances with easy-to-understand scenarios that help you maximize your profits.

This book explains current market trends and the factors driving cryptocurrencies' values. You'll learn how to strategically invest in your portfolio, depending on your specific level of risk.

The Bitcoin Standard: The Decentralized Alternative to Central Banking, by Saifedean Ammous (2018)

While Bitcoin is a fairly new to our society, its alleged problem is better understood in the context of human history. Transferring value across space and time. The author follows a captivating journey through the history of technologies performing the functions of money from settling disputes through the exchange of limestones and seashells, to metals, coins, the gold standard, and paper money.

Bitcoin is an open source, peer-to-peer program of computer code that serves as a tool for converting electrical energy and processors into verifiable records. Because users do not need trust in any authorities or infrastructure, they can use the Internet to negotiate with various individuals online. Thereby allowing them to use digital currencies in the same way that people use cash.

At the end of the book, the author attempts to answer the most important questions connected to this technology. Is this only a hype? Can authorities or countries really kill this technology, do they need to shut this down?

What Are The Top Crypto Books For Traders?

The Only Cryptocurrency Investing Book You'll Ever Need, by Freeman Publications (2022)

Without the a doubt buying crypto assets is the act of investing in crypto. And yes there are a lot of people who made fortunes from it. But old myths disappeared quickly and professionalism is essential when we are speaking about crypto trading.

In this book you will learn the red flags when investing in altcoins, tips for future investments. How to identify scams, new trends in the crypto world like DeFi 2.0. The book includes a lot of practical parts, and tried to keep reader friendly without introducing the core concepts in the first hundred pages.

This cryptocurrency book is great for starting investors to gain information before putting any penny on your crypto wallet.

What Are The Top Crypto Books on NFTs?

The NFT Handbook: How to Create, Sell and Buy Non-Fungible Tokens, by Matt Fortnow, QuHarrison Terry (2021)

An NFT is a digital or tokenized asset that serves as a non-fungible replacement for real-world assets. A very detailed guide on how to create, buy, and sell NFTs, without the need for a technical background.

Step by step instructions on how to create NFTs, including what kinds of content to use. Where to source content, how to add artistic design, how to write the NFT’s description and add optional unlockable content. Royalty and pricing is also a key element for NFTs, this book will give a good to know information also to this part of creation.

Navigate through the process of creating, minting, selling and buying NFTs with the authors no matter if you are an enthusiast of blockchain or a crypto beginner.

Final Thoughts on Crypto Books

There are many great books on cryptocurrency to choose from. If you are looking to learn about Bitcoin, Ethereum, or any other type of cryptocurrency, these books are a great place to start. Some of these books on crypto only provide a basic overview of the topic, but there are others which dig deep into the world of cryptos and how it will change the way we think about digital money.

Joel Stafford

My profession is online marketing and development (10+ years experience), check my latest mobile app called Upcoming or my Chrome extensions for ChatGPT. But my real passion is reading books both fiction and non-fiction. I have several favorite authors like James Redfield or Daniel Keyes. If I read a book I always want to find the best part of it, every book has its unique value.

medium.com/@joelbooks

The post Top 12+ Books on Cryptocurrency 2024 (Time To Be a Bitcoin Millionaire!) appeared first on Joelbooks.

Once you get into stock trading, your job becomes trading equity securities or shares to generate profits from their sales and purchases. To become a successful trader, you must equip yourself with everything necessary required for trading.

There are many forms of trading and investing. In order to get insight your need to learn the following major topics:

• Stock trading (we are covering the topic with the current article)
• Forex trading (currencies as main trading assets)
• Day trading (more than a profession it's a lifestyle)
• Option Trading (the invisible, but one of the most profiatable part of stock market)
• Algorithmic trading (where you use certain AI enabled or simply strategy based agents for trading)

In terms of short term or long term investing:

• Generic books about investing and investors
• Real estate investing

Gaining knowledge and information is one way to do that, and that’s where stock trading books come in. These books contain and have insights about different aspects of stock trading, from how to begin, the risks you may encounter, mispricing issues, and more.

If you want to get into the field or even learn more about it this year, we have several recommendations that will come in handy.

What Are The Top Stock Trading Books?

How to Actually Day Trade for a Living, by Tim Morris (2019)

In How to Actually Day Trade for a Living, the author confronts the often murky world of day trading education. What struck me first about this book is its bold honesty. Morris pulls no punches in revealing the harsh realities and the often unspoken truths about day trading. Unlike many authors who might sugarcoat the difficulties or oversell the potential of day trading, Morris lays everything on the table. His frankness is not just refreshing; it's educational.

Morris does an excellent job in demystifying complex jargon. The chapter on Terminology is particularly helpful for beginners. It's like having an expert translator by your side, decoding the often intimidating language of the stock market.

But where Morris truly shines is in the practical guidance he offers. The chapters on Pre-Trading Basics and Day Trading Strategies are the heart of this book. He doesn’t just tell you what to do, he shows that to you. The inclusion of real charts, detailed explanations, and specific examples adds immense value. It's not just about learning strategies; it's about understanding their application in real-world scenarios.

The concluding part of the book, which offers additional advice and personal insights from Morris, adds another layer of depth. His candid admission about the challenges of day trading, coupled with practical tips, makes this book a holistic guide for anyone serious about entering this field.

Richer, Wiser, Happier, by William Green (2021)

If you think of the many investors who have made billions, you get mixed thoughts of awe and suspicion. But they are successful because they have been doing it right.

This book is mainly about what constitutes a good investor and how to win. In the book, Willian combines interviews of some of the greatest investors and paints how even their talents go beyond making money.

The best investors use and challenge their brains to think more rationally, with set objectives, and rigorously. They maximize long-term success odds while minimizing the possible risks of disaster. They get insights from trends, are disciplined, and become tolerant of pain through their journey.

A good investor should be able to provide knowledge on how to become rich but still improve their thought process, make decisions, avoid expensive errors, be resilient, assess possible risks, and use uncertainty to their advantage.

Trading, by Rolf Shlotman (2019)

This book’s main focus is technical analysis and explanations of how to interpret chart patterns and price movements.

The first section is about price and technical analysis and highlights trade fundamentals. The second section dives into how to interpret chart formations and looks at the most substantial trading patterns.

In the third and last section, Rolf conveys that it is crucial to go beyond the typical analysis and take time to analyze trader behavioral patterns as determined by psychological factors and the concept of mass psychology.

International markets have rising pricing movements because of the interactions people have daily. Emotions and behavior highly influence buying and selling decisions. Issues like risks, uncertainty, and fear determine how people move their money.

If you can grasp chart buyer and seller interactions, you can handle price movements effectively for better independent trading decisions.

Monster Stock Lessons, by John Bolk (2022)

Monster Stock Lessons is an understanding the stock market book for those who have been watching stocks in the last couple of years (2020-2021). It mainly highlights stocks that at least doubled their prices.

You will discover the main features of leading stocks and how they are repetitive in market cycles. Interestingly, factors like price action measurements, volume levels, and significant moving averages have remained consistent throughout the stock market history.

The book has profiles of top traders and details on some of their most profitable trades, which you can trace on the given stock chart illustrations. Discover the necessary measures to take for profitable trends, how to monitor stocks continuously, how to stay in the market for positive returns, and danger signals for an exit.

You will be studying and learning the best way to prepare for future market cycles through all these details and discover the most substantial stocks you can trade in.

Stock Market Investing for Beginners 2022, by Benjamin Jones (2022)

(beginner friendly)

The journey of creating a safe stock trading financial future has a start point, and if you are looking to join some of the best stock gurus in the world someday, this book is for you. It offers you the details you need to know as you hit the button to begin your wealth creation journey.

The dream requires you to know the basics. You will find out how you can initially start buying the best stocks. The book also has handy tips and secrets about how stock markets operate and how long-term stock traders use them.

There are details about how you can begin creating valuable investments that will be effective enough to generate profits. You will also learn how to create a professional portfolio that contains the most substantial stocks as you keep reading.

Options Trading Strategies, by Ned Jenkins (2022)

Ask anyone, and they will tell you that they would totally appreciate income generation while enjoying life. This book will help you recognize that you can earn money passively using online trading by practicing the provided guide.

 Options Trading Strategies will equip you with a better understanding of what Stock Options mean and how to use them. Stock Options are an excellent approach to help you earn on the stock market.

You will be offered insights into why investing requires you to develop a short and long-term plan and adhere to the plans religiously throughout the book.

Additionally, you will be helped to comprehend concepts of risk and returns when trading and gain the knowledge you need for money management, now and in days to come. The book lists excellent trading sites with details on dependability, features, and prices.

The Perfect Watchlist – 1, by Brad Koteshwar (2022)

The Perfect Watchlist- 1 is a short read but one with crucial information. It is simply a lens for helping you watch your listed stocks.

Anyone involved in stock trading has a watchlist- a list of stocks to keep tabs on, mostly the ones you are looking to buy or sell and at what time. They may be tech, energy, or growth stocks. Everyone’s list is different based on their experience.

While you are in stock trading, you learn by doing. Keeping tabs requires you to watch out for hints or clues and look for actionable opportunities. That’s because the field has constant changes driven by market conditions.

As every stock trader knows, the message is that the market dictates the stocks on your watchlist. Your watchlist will let you know if the market is strong, good or bad, if you can earn money, and if the market progresses or deteriorates. So, handle it carefully.

Alpha Trader, by Brent Donnelly (2021)

Stock trading is the ultimate puzzle. It is complex, chaotic, and has a loose structure that needs the smartest minds. Not many can do it successfully over a long time. The rules keep changing, different mechanics are employed every day, and it is challenging to observe the venture’s in flux probabilities.

To trade, you have to be smart and purpose-driven for significant rewards. But if you are irrational, overconfident, self-destructive, and undisciplined, even your intelligence may not save you.

To become an Alpha Trader and adapt, the best approach is training your mindset and employing math and proper methodology. The book explains positioning, market narrative, risk management, and microstructure.

It also has specific strategies, habits, and tactics you can use for success, and it will guide you to become more rational and self-aware.

More Straight Talk on Investing, by Jack Brennan (2021)

In this book, Jack offers stock traders a comprehensive guide on developing the knowledge and discipline to navigate existing financial markets confidently for success and growth over time.

You will find details about financial planning and practical principles you can use for investment.

Such metrics may be timeless, but the author notes that the stock market has also seen some changes. There have been developments in the services, costs, and the regulations and legislations have also changed. New investors have also come in.

The book will equip you with how to build a balanced portfolio and plan to meet your goals, evaluate the markets discerningly, and a usable approach.

You will also discover why emotional control is important based on various ideas from different people, especially the media. Financial market risks, pitfalls, mistakes, and rewards are also discussed.

Run with the Bulls, by Charmagne Munoz Feria (2022)

(beginner friendly)

This book is a definitive guide to the stock market, practical trading strategies, and how to manage risks. It is a perfect guide for beginners, but it also has useful tips for established stock traders.

You will find details about how you can make money using stock markets and learn about the main trends of the trade. You will also discover the supportive and resistant aspects of trading, the channels involved, and moving averages.

As a trader, you will also learn how to do a performance assessment and deal with divergences. There are details on the momentum, swing, and position trading strategies. The author has also provided essential information about the market cycle, breakouts, base counting, and the Relative Strength Index, alongside in-depth explanations and illustrations on how to read the stock charts.

Final Thoughts on Stock Trading Books

Stock trading is an excellent driver of the economy when done right. The stock markets move in different directions, and the acting market forces highly determine how they perform.

When you are in the field, you need to be ready to avoid bad timing and misjudgments. Our list of the best books on stock investing above is a good start for novices and will broaden your knowledge if you are experienced.

If you are interested in the world of trading, check out our selection of day trading, forex trading, crypto trading, and algorithmic trading books.

Joel Stafford

My profession is online marketing and development (10+ years experience), check my latest mobile app called Upcoming or my Chrome extensions for ChatGPT. But my real passion is reading books both fiction and non-fiction. I have several favorite authors like James Redfield or Daniel Keyes. If I read a book I always want to find the best part of it, every book has its unique value.

medium.com/@joelbooks

The post Earn Real Money with Trading! These 9+ Stock Trading Books (2024) Will Help You! appeared first on Joelbooks.

There are many great books about day trading, but which one is the best for you? It depends on your experience level and what you’re hoping to get out of the book.

Day trading can be a profitable endeavor, but it's important to remember that it's also a risky one. Before starting out, make sure you understand the basics of day trading and the risks involved. It's also important to be polite and respectful to your fellow traders. Here are a few tips for getting started in day trading:

1. Do your research. Make sure you understand the basics of day trading before getting started. This includes understanding the types of orders you can place, how to read charts, and the factors that influence prices.
2.  Start small. Don't invest too much money in day trading until you're confident in your abilities. Try using a demo account or investing a small amount of money at first to minimize your risk.
3.  Stay disciplined.

In order to be successful in day trading, it is essential to have a solid understanding of the markets and the ability to make quick and informed decisions. While there are no guarantees in day trading, there are a number of books that can help beginners get started.

Here are the best day trade books for those looking to get started in the world of day trading:

What Are The Best Books For Day Trading?

How to Actually Day Trade for a Living, by Tim Morris (2019)

In How to Actually Day Trade for a Living, the author tackles the complex and often opaque world of day trading education with bold honesty. Morris stands out for his frankness, eschewing sugarcoated narratives to expose the harsh realities and unspoken truths of day trading. He demystifies complex jargon, especially in the chapter on Terminology, acting as an expert translator for beginners.

The book's core lies in its practical guidance, with chapters on Pre-Trading Basics and Day Trading Strategies that include real charts, detailed explanations, and specific examples, emphasizing the application of strategies in real-world situations.

The concluding section adds depth with additional advice and personal insights from Morris, presenting the book as a comprehensive guide for those serious about pursuing day trading, acknowledging its challenges while offering practical tips.

How to Day Trade for a Living: A Beginner's Guide to Trading Tools and Tactics, Money Management, Discipline and Trading Psychology by Andrew Aziz  (2015)

Active trading is one of the most flexible and lucrative careers you can find. As a trader, you can live and work anywhere in the world. You are in control of your own income, and you have the freedom to trade wherever and whenever you want.

One of the best things about trading is that it offers something for everyone. Whether you prefer short-term or long-term trades, there are opportunities to make money in both directions. And as your skills improve, you can increase your income potential even further.

There are plenty of excellent day trading books available to help get you started, but if you want to pick only one select Andrew Aziz's book!

Day Trading For Dummies, by Ann C. Logue (2019)

Trading is a challenging task due to the frequently changing financial situation, trade wars, and brand-new tax laws. Now that there is less overhead for day traders, they are governed by new and much more avant-garde strategies on Wall Street.

Day Trading For Dummies supplies the training necessary for anyone enthusiastic about this style of trading with all that they need to know to begin and maintain a prosperous day trading career.

Cryptocurrencies are a new trading product that offer investors a way to make money. While the SEC has released rules and regulations concerning cryptocurrencies, tax laws are still evolving.

If you are looking for a beginner friendly book this would be a great choice for you.

Day Trading QuickStart Guide: The Simplified Beginner's Guide to Winning Trade Plans, Conquering the Markets, and Becoming a Successful Day Trader, by Troy Noonan (2020)

There are a lot of day trading books on the market, but which one should you choose? Day Trading QuickStart Guide is a comprehensive resource that teaches you how to become a successful trader using the techniques and strategies inside. Written by experienced day trader and educator Sunny Harris, this book provides all the information you need to get started.

Harris begins by discussing the basics of day trading and explaining why it can be a profitable way to invest. She then walks you through the process of setting up your trading account and choosing the right broker. Next, she teaches you how to identify profitable opportunities and build a successful trading plan. Finally, she provides invaluable tips for managing risk and avoiding common mistakes.

If you're looking for an in-depth guide to day trading, Day Trading QuickStart Guide is a must-read.

Day Trading For Beginners: Quickstart Guide To Maximize Profit And Build Passive Income For A Living. Learn About The Best Strategies, Tools, Charts, Psychology And Risk Management, by Liam Jobs (2022)

There's a lot of misinformation out there about day trading. Many so-called “gurus” and quick guides are written by incompetent authors who have never even traded a day in their lives. Don't trust these sources they'll only lead you astray.

To be a successful day trader, you need to have a solid understanding of market dynamics and technical analysis. You also need to be able to execute trades quickly and accurately. These skills take years of experience to develop – you're not going to learn them from a book or an article on the internet.

If you're new to day trading, it's best to start with a basic course or tutorial. There are plenty of quality resources available online, and they won't cost you an arm and a leg.

Liam Jobs is an author and professional trader for 20 years. He will help you in the process to build up your own platform to trade.

How to Day Trade: A Detailed Guide to Day Trading Strategies, Risk Management, and Trader Psychology, by Ross Cameron (2015)

In order to be successful at day trading, you need to realize that it is not a get rich quick scheme. Out of the thousands of people who try day trading, only ten percent will be successful. This is because it takes a lot of hard work and dedication to make money in this market. You also need to have a solid understanding of how the stock market works, as well as risk management skills.

There are many day traders who lose money in the market. The reason they lose is because they have not chosen the right stocks, have not managed their risk properly, and have not found proper entries into the market.

One way to become a successful day trader is to find good stocks to trade. This can be done by doing research and finding stocks that are moving up or down in price. Another way to find good stocks is to use technical analysis tools such as trendlines, support and resistance levels, and candlestick patterns.

A day trader must also manage their risk properly if they want to be successful. One way to do this is by using stop losses. A stop loss is a price at which you will sell a security if it starts to move against you. This will help protect your profits and limit your losses.

Day Trading Options, by Andrew Elder (2020)

Day trading is a form of active investing where stocks are bought and sold within the same day. Options are a type of security that gives the owner the right, but not the obligation, to buy or sell an underlying asset at a set price on or before a certain date.

This is the first book of Day Trading series of Andrew Elder. He explains how day trading options work.

If you're looking to achieve a winning options trading strategy, look no further. This guide will provide you with a step by step plan to help you get there.

The first step is to develop a well-defined goal. What do you want to achieve with your trading? Are you looking to make a certain amount of money each month, or are you aiming for a specific percentage return on your investment? Once you have your goal in mind, it's time to start developing your strategy.

Your strategy should be based on your goals and risk tolerance. Do you want to day trade, or are you looking for longer-term investments? What kind of stocks are you interested in?

Do some research and find the strategies that work best for you.

Day Trading Books: Conclusion

In conclusion, there are a number of great books on day trading that can help you succeed in this field. By following the advice in these books, you can learn how to make smart trades and maximize your profits. So if you're looking to get into day trading, be sure to read one or more of these helpful books!

If you are interested in Forex trading check out our favorite Forex Trading books.

Joel Stafford

My profession is online marketing and development (10+ years experience), check my latest mobile app called Upcoming or my Chrome extensions for ChatGPT. But my real passion is reading books both fiction and non-fiction. I have several favorite authors like James Redfield or Daniel Keyes. If I read a book I always want to find the best part of it, every book has its unique value.

medium.com/@joelbooks

The post Top 6+ Day Trading Books For 2024 appeared first on Joelbooks.

Algorithmic trading (or Algo trading) involves using automated systems for order execution through pre-programmed trade directives to account for variables like prices, time, and volume. The main reason for using algorithmic trading is leveraging computer systems, resources, and speed, and not humans for trade in a predefined market. As a result, trading generates profits at a faster rate and frequency, which would otherwise be unattainable by a human trader.

Why Is Algo Trading Is Important Even For Retail Traders?

Algorithmic trading accounts for roughly 60-75 percent of regular trading volume (source: Select USA). Which means six out of ten transactions performed by bots and automatic agents. In global markets next to professional traders you couldn't compete with fast reaction, huge changes could happen in a matter of seconds.

At the moment we don't even speaking about traders on market but more likely about competing strategies. Algorithms are quick enough to calculate the probabilities, potential outcomes and make the necessary trades in seconds.

Also one of the most important advantage of algo trading is that it eliminates the emotional impact of trading. Algorithms have no feelings and they will make the necessary steps even when a human would hesitate in a certain situation.

Algorithmic trading encompasses essential but variable aspects that you must perfect to benefit fully. It is a trendy aspect of trade, so many authors have written algorithmic trading books. These books offer a guide to those unfamiliar with the concept and give experienced users insights on bettering the idea. This article will look at some of the best books about algorithmic trading you need to read this year.

What Are The Essential Algorithmic Trading Books?

Trading at the Speed of Light, by Donald MacKenzie (2023)

In Trading at the Speed of Light, Donald MacKenzie examines the impact of high-frequency trading (HFT) on global financial markets. He explains how HFT, which involves the use of algorithms to execute high volumes of transactions at lightning-fast speeds, evolved from the disreputable margins of the US financial system in the 1990s to become a ubiquitous feature of financial markets around the world. MacKenzie shows how HFT has brought new efficiency to trading, but has also led to an unrelenting race for speed, in which HFT algorithms compete against one another.

MacKenzie draws from over 300 interviews with high-frequency traders, technology providers, exchange staff, regulators, and others to provide a unique perspective on the inner workings of HFT. He highlights how the material, political, and economic characteristics of HFT have influenced global finance and what its future could look like. He explores how big banks have responded to the challenge posed by HFT firms and how exchanges sometimes favor certain types of algorithms over others. The book offers a remarkable look at how growth, technology, and politics have altered the landscape of financial markets and is a must-read for anyone interested in understanding the impact of HFT on finance.

All-in On AI, by Thomas H. Davenport and Nitin Mittal (2023)

All-In on AI discusses how top companies use artificial intelligence for a competitive edge. This is particularly relevant for algorithmic trading, where fast and accurate decisions based on large data sets are critical. Algorithmic traders can benefit from understanding how these companies integrate AI, offering potential improvements to trading strategies, prediction accuracy, and returns.

The book also touches on AI's role in business models and customer relationships, providing insights that can be applied to market analysis and risk management. For traders looking to improve their algorithms with AI, this book could be a valuable resource.

Algorithmic Trading Strategies, by Scotty Ratford (2022)

If you are ambitious enough and want to find out how you can make money using simple and effective algorithmic strategies, then this book is for you. It features income-generating trading strategies applicable for Forex, Stocks, and Crypto. It doesn’t matter what the trading position in the market is.

With a step-by-step guide, you will discover how you can create an individual algorithmic trading strategy as well as establish an automated bot for everyday trades despite all the other things you have to take care of.

The detailed guide has methods for creating and running the strategy without the need for coding or money-related expenditures. It also has secret indicators about TradingView to help you significantly increase profits that no one else is aware of. There are risk management strategies that are employed by experienced traders that are highlighted to guide you on how to maintain a profitable trade.

Algo Trading Cheat Codes, by Kevin J Davey (2021)

 Algo Trading Cheat Codes agrees that Algo trading can be challenging but also raises the question of whether it really has to be. The author's answer to that question is “No,” as long as you follow the appropriate approach and are advised accordingly.

Through the book, Kevin offers readers the results of extensive research with many strategies backtests. He also highlights more than fifty “cheat codes” for trading. These are valuable tips that traders can use to come up with algo strategies with more confidence and at a faster rate.

The book answers questions about easing algo trading when it seems more challenging and if there is a significant reward for risking the trade management ratio. It also lets readers know the ultimate and most amenable bar size for the creation of algo strategies. You will find out if exiting is a viable option, especially after several profitable and unprofitable closes, the best exit strategy, the best mean reversion techniques, and how to protect your algos during uncertainties.

Algorithmic Trading Systems, by David Bean

This book evaluates different and advanced trading strategies available for markets in the future and analyzes how traders can utilize them in markets. As you read along, you will learn how to conduct trade filtering and be guided about several exit strategies. Additionally, you will also be shown how to use coding logic. The book will be helpful if you are looking to establish a platform in which you entirely handle coding individually.

 Algorithmic Trading Systems is a book that is ideal for both novice and experienced algorithmic traders. The content in the book applies immensely to both parties. The book offers detailed information applicable to all levels of trading strategies. What’s more, it is a significant development of all that pertains to algorithmic trading- philosophical, psychological, and statistical. If you don’t have a lot of time in your hands, you will love this book because it straightforwardly presents information and gives details.

The Ultimate Algorithmic Trading System Toolbox, by George Pruitt

You need this book if you are looking to gain algorithmic trade knowledge and maximize trade seamlessly. The algorithmic trade programming, evaluation, and implementation technologies keep evolving, but this book helps you. You can learn a lot about the assessment of trading systems and discover their strengths and defects through it. You will learn how to develop your trading solution and be shown how to employ coding to establish a trading solution effectively.

The book’s primary focus is the popular programming tools required to create and backtest the

technical aspects of trading systems. It shows that you can exploit the technology even without a computer science degree to make viable systems at a lower cost.

It features a broad spectrum of technology offerings and has advice on acclaimed trading software packages. There are detailed mathematical examples and explanations to grasp the highlighted concepts easily. The extensive and well-explained sample codes will draw you even more.

Algorithmic Trading, by Investors Press

This is a valuable book for lay investors and those already well-versed with algorithmic trading. It demystifies the tasks that day traders, hedge funds, and brokerages carry out. You will find a simple yet detailed explanation relating to how algorithmic trading comes to be. You are also guided on the exact steps needed to develop and execute a trading algorithm. Additionally, you will be equipped about where to source consistent trading ideas and be helped to discover unhelpful ones. Learn how to trade without a coding background before going live to begin execution.

The book offers vital points about risk management straightforwardly for easy understanding. Get to know the essential tool for risk management that applies in every trade. You will also learn about the four prevalent pitfalls that traders make and how you can watch out for them. There are valuable resources to help you further your algorithmic trading knowledge and skills.

Machine Learning for Algorithmic Trading, by Stefan Jansen

Algorithmic trading can benefit significantly from machine learning through the added design value and trading strategies. This book covers various data sources and a development process strategy with various machine learning solutions. It highlights different trading challenges to provide a strategic perspective and comprehensive understanding with practical tools for building on Machine Learning.

This book is simply about how to leverage machine learning to enable you to come up with trade designs and backtest automated strategies. You will learn how to do that using backtrader, Gensim, SpaCy, pandas, pyfolio, Zipline, and more. It is ideal for data analysts, data scientists, Python developers, investment analysts, and portfolio managers to get a hands-on machine learning experience.

You will learn how to use the market, image, and text data and employ machine learning to solve upcoming investment and trade challenges. You will also learn to develop a pairs trading strategy as determined by ETFs and US equity cointegration.

Algorithmic Trading, by Jeffrey M Bacidore

This book delivers all essential aspects that pertain to algorithmic trading. It offers a practical introduction for those unfamiliar with the concept and makes it executable for the modern world.

The algorithmic landscape today is intensely technical, variable, and at the same time intimidating. However, Jeffrey helps readers by uniquely merging a theoretical knowledge with a practical guide based on his long-time experience in leading brokerages,  NYSE, and a quant fund. He explains how to build and use algos using various contexts to provide an extraordinary and accessible framework for evaluating algo choices.

Through the book, you will find out if dark pools are useful, when to opt for a VWAP algo, and the functioning of portfolio algos. Additionally, you will also see how necessary routing is, compared to timing and child order placements and how you can measure the execution efficiency across different choices. Algorithm Trading is a guide that addresses the questions every algorithmic execution trader or portfolio manager keeps asking.

Learn Algorithmic Trading, by Sebastien Donadio & Sourav Ghosh

 Learn Algorithmic Trading is a book that helps you make out algorithmic trading fundamentals and effectively apply algorithms to actual market data. It offers a real-world strategy analysis. All this information is provided alongside detailed examples applicable in financial markets. You will learn how to develop your robots for algorithmic trading to avoid the need for human intervention.

Additionally, the book provides you with vital information about the application of machine learning for algorithmic trade signals with highlighted essential Python strategies. Readers are offered insights about building, visualizing, and analyzing trade strategies as determined by economic releases, mean reversion, trends, and more.

To help guide you about how you can improve the performance of your bots, the book contains information about building a back tester for running simulated trade strategies. What’s more, you will be helped to discover the deployment and incorporation of trading strategies in an actual market for improved and maintained profitability.

Future of Algo Trading

As machine learning and artificial intelligence become more prevalent, retail traders are beginning to wonder if they will be left behind. However, AI-powered bots are not the ultimate tool of professional traders. Retail traders could also utilize AI to give them an edge in the market. With AI tools like SmithBot (crypto trading), Outprfrm (AI trading advice), even retail traders could get almost instant ideas what they need to do or even tools to perform the actions automatically.

Machine learning is a subset of artificial intelligence that deals with the construction and study of algorithms that can learn from and make predictions on data. Professional traders have been using AI for years to help them make decisions about when to buy and sell stocks. However, retail traders have largely been left out of the loop.

But that doesn't mean that retail traders can't benefit from AI. There are a number of ways that retail traders can utilize AI to their advantage. For example, they can use AI-powered bots to help them trade more effectively.

Final Thoughts on Algo Trading Books

Algorithmic trading can be challenging for some. It entails the use of complex formulas and also employs mathematical models for trade plan creation alongside human oversight. That is why anyone who is actively involved or plans to get involved must be fully aware of how algorithmic trade works for it to be effective. Apart from learning as you practice or from others, the algorithmic trading books highlighted above are excellent choices to enhance your knowledge.

If you want to learn more about the practical side of trading, check out our selected Forex trading books.

Joel Stafford

My profession is online marketing and development (10+ years experience), check my latest mobile app called Upcoming or my Chrome extensions for ChatGPT. But my real passion is reading books both fiction and non-fiction. I have several favorite authors like James Redfield or Daniel Keyes. If I read a book I always want to find the best part of it, every book has its unique value.

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Forex, or foreign exchange, trading is a decentralized global market where all world currencies are traded. It is the largest and most liquid market in the world with an average daily trading volume of $6-7 trillion. There is no central exchange for forex trading. It takes place through a network of banks, brokers, and traders. In order to step into this world we collected both the top beginner and advanced books for forex trading.

Unlike the stock market, the forex market is far more volatile, which can lead to quick and significant profits for an experienced and focused trader. However, this volatility also comes with a much higher level of leverage, which can lead to large losses if a trade goes against you. For this reason, it is important to carefully research the markets before entering into any trades.

Forex trading books can be a great way to learn about the currency markets and how to trade them profitably. They can teach you about different strategies and give you insights into what makes successful traders successful. Reading one or more of these books can help you become a better trader and improve your chances of success in the forex market.

01 Price Action Trading Secrets: Trading Strategies, Tools, and Techniques to Help You Become a Consistently Profitable Trader, by Rayner Teo (2021)

Price action trading is a method to read the markets and make trades based on the actual price movements, as opposed to relying on indicators or other analysis. This can be a very effective way to trade, especially if you are able to develop your own price action trading strategies. There are many resources available to help you learn how to trade using price action, including books, websites, and even online courses.

One of the best ways to learn price action trading is by studying the charts and analyzing what the prices are doing. You can find patterns and clues that will help you anticipate future price movements. In this book the author want to teach you how to become a consistently profitable trader without relying on fundamentals news, trading indicators, or signal services. The four major kinds of market structure that every professional trader should know. Once you know it, you’ll be able to “catch” the market's game and learn more about how it functions.

02 Naked Forex: High-Probability Techniques for Trading Without Indicators, by Alex Nekritin (2012)

In the world of Forex trading, technical analysis books written for stock, futures, and option traders are the most commonly relied upon sources of information. This is likely because many Forex traders are former stock, futures, or option traders who transitioned to Forex trading. It wasn't until computers and calculators became ubiquitous that technical analysis truly came into its own as a tool for analyzing financial markets. However, long before that time technical analysis was used by some of the most successful traders in history.

Because traders using standard technical indicators concentrate on the indicators, traders using naked trading techniques concentrate on the price chart. Naked trading is a straightforward and fast way to trade, and it's particularly beneficial to traders who are looking to get experience with a trading technique that is easy to use.

Without a doubt Naked Forex is one of the best forex trading books on the market.

03 Forex Trading: The Basics Explained in Simple Terms, by Jim Brown (2015)

When it comes to Forex trading, there are a lot of resources available online to help you get started. But with so many different sources, it can be difficult to determine which information is relevant and which is outdated or simply incorrect.

This book is for those of you who are just starting to consider trading Forex but don’t know where to start. It provides an overview of the basics of Forex trading and offers advice on how to get started. The goal is to give you a good foundation so that you can make informed decisions about your trading career.

Forex trading can be profitable if done correctly, but it’s important to remember that there is always risk involved. Before starting out, it’s important to do your research and understand the risks involved in order to make informed decisions about your trades. If you are looking for a beginner friendly book, this one would be your best forex book choice.

04 The Art of Currency Trading: A Professional's Guide to the Foreign Exchange Market, by Brent Donnelly (2019)

The Art of Currency Trading is a comprehensive guide that will teach you how to profitably trade currencies in the real world. Author Brent Donnelly has been a successful currency trader for greater than 20 years. In this book, he shares the trade secrets he has developed over the course of his career.

In this book your will find an insider's perspective on the pillars of currency trading. How macro-level issues, technical analysis, and individual investment research can be interwoven for successful investing.

05 The Black Book of Forex Trading, by Paul Langer (2015)

There are a lot of books on the market that offer to teach you how to trade Forex, but most of them are filled with fluff and filler content. This book is different. It includes a link to more than 80 minutes of video content, where the author will walk you through and help you easily get started with his working trading system.

This short book is an essential read for anyone who wants to learn how to trade Forex successfully. It covers a lot of practical aspects from basics to more advanced strategies, and it's all presented in a clear, easy-to-follow format.

I have to admit Paul's book about forex trading is a really helpful resource for new traders.

06 Forex For Beginners, by Anna Coulling (2013)

Forex trading can be profitable if done correctly. However, it is important to learn the basics of Forex trading before diving in head first. This is where Forex For Beginners comes in.

Forex For Beginners is a comprehensive guide that will teach you everything you need to know about Forex trading. It covers topics such as what Forex is, how to trade currencies, and how to use indicators and analysis techniques to make profitable trades.

Hence the book isn't new, it provides the fundamentals of trading. Once you have read and understood Forex For Beginners, you will be ready to start trading currencies yourself.

07 Trading for Beginners: The 2022 Crash Course, by Ray Bears (2022)

If you are new to the world of trading, or even if you have some experience but want to learn more about options trading and forex, this book bundle is for you. It will give you a basic understanding of the concepts and best strategies for swing and day trading.

With this knowledge, you can begin to maximize your profits in the markets. The bundle includes two courses: one on options trading and one on forex. In each course, you will learn about the basics of the market, how to trade using various strategies, and how to protect your investments.

The courses are taught by experienced trader with many years of experience in these markets. The author will guide you step by step through each lesson, so that you can understand and apply what you learn quickly and easily.

08 No Nonsense Forex Trading Psychology, by Patrick Victor (2020)

Finally a must read trading psychology book. In order to be a successful trader, you first and foremost need to have full understanding on your own and others psychology. Without this knowledge, you will be only a trader from the crowd. It doesn't matter what you do, if you can't control your own emotions and thought patterns, you will never be successful in trading.

The key to having full control of your psychology is to be self-aware. You need to understand how your mind works, what triggers your emotions, and how to stay rational in times of stress. The more aware you are of yourself, the easier it will be to keep your emotions under control.

Unlike most trading psychology books you will find on the subject, which is usually nothing more than theory, this book breaks down trading psychology into actionable steps that you can use to improve your own trading.

The author, an experienced trader, provides real-world examples of how to apply each step so that you can see how it works in practice. You will also learn about the common psychological traps that traders fall into and how to avoid them. This book is a must-read for anyone who wants to be an experienced trader.

09 Trading in the Zone, by Mark Douglas (2000)

The book Trading in the Zone provides critical information regarding trading methods that are employed by successful traders. Most traders can operate at a profit but never break their streak of profits. The consistency of a successful trader is something increasingly important mastered.

Traders don't seem to recognize that their trading issues caused by their viewpoint of the market. Mark states that understanding the market is important but in most cases it isn't the main reason why we have losses on a market. The main point of the author is that you have to be in the ‘zone' which makes the trader successful.

The critic of this book is mainly due the repetitive nature of Mark's writing. Mark needs lots of words and repeats himself over and over to make his ideas clear. However, if this sort of writing appeals to you, then you will surely enjoy his message.

10 Market Wizzards, by Jack D. Schwager (2012)

In the book, one of the successful stock traders personally checked the traffic of different brands shop in order to make the decision whether he should buy the stock of the brands.

The author put several interviews with highly successful traders, like Stuart Walton or Steve Watson to share their worldview with the readers. You will get insight how these traders think about the world and the markets they are working with on daily basis.

If you are looking to learn about trading mindset this book will be a great choice for you!

Forex Trading Books: Conclusion

In conclusion, the best forex trading books are those that teach you how to trade and how to read the market. They also provide you with real-world examples so that you can apply what you learn in the book to your own trading. Finally, a good forex trading book will also be up-to-date with the latest changes in the market.

If you are interested more on other markets like bitcoin or cryptocurrencies, check our shortlist of the top crpyto books or the best trading books available.

Joel Stafford

My profession is online marketing and development (10+ years experience), check my latest mobile app called Upcoming or my Chrome extensions for ChatGPT. But my real passion is reading books both fiction and non-fiction. I have several favorite authors like James Redfield or Daniel Keyes. If I read a book I always want to find the best part of it, every book has its unique value.

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The post Top 8+ Best Selling Forex Trading Books For 2022 (Ranked) appeared first on Joelbooks.

A message from the authors:

We wrote this book to encourage students and entrepreneurs alike to think globally when it comes to business. The existing textbooks on this topic tend to be heavily theory-based and dense, whereas we kept ours more concise and practical. This text can appeal to professors and students alike at business schools around the world. With more exposure our goal is make an editions with relevant information to each country we find an audience.

— Joseph F. Greco Ph.D and Brian Murray 

With the existence of the World Trade Organization, North American Free Trade Agreement and the European Union, trade continues to play a crucial role in an ever-globalizing economy.

Technology and economic integration will only continue to foster the growth of trade. Exporting and importing used to be limited to large corporations, but now even small businesses can explore opportunities in international markets. Methods of organizing, financing and managing risk in trade are explored in the pages of this text. The authors also examine critical topics such as logistics and insurance, international commercial banking, and exchange rates.

This book takes a practical approach, making it a worthwhile read to experienced traders and learners alike. Gain a competitive advantage and navigate business challenges with the lessons in The Fundamentals of Trade Finance.

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Read online The Fundamentals of Trade Finance by Joseph F. Greco Ph.D and Brian Murray

Joel Stafford

My profession is online marketing and development (10+ years experience), check my latest mobile app called Upcoming or my Chrome extensions for ChatGPT. But my real passion is reading books both fiction and non-fiction. I have several favorite authors like James Redfield or Daniel Keyes. If I read a book I always want to find the best part of it, every book has its unique value.

medium.com/@joelbooks

The post The Fundamentals of Trade Finance by Joseph F. Greco Ph.D and Brian Murray appeared first on Joelbooks.